.

Range Resources Limited ("Range" or the "Company") notes the trading halt on the ASX and suspension on AIM in relation to trading in the shares of Red Emperor Resources NL ("RMP"), one of Range's joint venture partners in the Puntland exploration project, pending the release of a drilling update on the Shabeel North well.

Range wishes to advise that final downhole logging is currently underway but that no results are yet available from the operator, Horn Petroleum Corp. Range will release any results as soon as they become available.

Does the right hand know what the left hand is doing? Apparently not!

I think what they are trying to say.........We keep writing the script; until we get the wording right (Fresh water found)..........We will let you all know later!

PL certainly knows how to get the market/investor(s) sat on the edge of their seats, that's for sure?

Perfect statement:

User 'cantstandfools' commented: "Let's hope they have a forward plan in place if it's bad and they give some hope regarding testing and future drills it should bounce off the lows if they don't have a plan it could get nasty they've had plenty of time so no excuse for an half-hearted RNS give us the info we need or many will lose the little faith they have left."

I could not off written it better!?

Yes you could. 'I couldn't have written it better' ;o)

I fear the worst.........Horn is down - 18%+!!

Knackers Yard or what??

Horn in recovery now, down only 4.62%. No smut intended! :o)

PL needs to pull a white rabbit out the hat, may be a dead one.

Horn needs some blue pills. lol

Mmm, I like blue Smarties!

lol. They could of found something, not saying what. Chance for good news.

Maybe they've just found they have been drilling in the wrong place/country?!

Horn is not responding to your logic "dreamcatcher"............Horn are heading South = 7.5%?

Wrong country lol. I think we would of had news days ago if that was so. Could be so
wrong though.

Oh dear G

Hope PL has plenty of white gloves and top hats for his next conjouring trick - this is now a desparate situation, I feel and am sure you all do.

Speculation intensifies for Range and Red Emperor


http://www.iii.co.uk/articles/48785/speculation-intensifies-range-and-red-emperor

There were also questions being asked about why Red Emperor, which instigated a trading suspension around 20 minutes after the opening bell, allowed any trading time on Tuesday.

HMMMMMM- I hope it was not for family and friends to jump ship. No ofcourse not.
Lets hope they were purchasing.

Virtually according to stock watch the same amount bought as sold RMP.